StockNews.com Begins Coverage on China Natural Resources (NASDAQ:CHNR)

Analysts at StockNews.com started coverage on shares of China Natural Resources (NASDAQ:CHNR) in a research report issued on Wednesday. The brokerage set a “sell” rating on the basic materials company’s stock.

China Natural Resources Stock Down 3.7 %

Shares of CHNR stock opened at $0.63 on Wednesday. China Natural Resources has a 12-month low of $0.51 and a 12-month high of $8.85. The stock’s 50-day moving average price is $0.62 and its 200-day moving average price is $0.66.

About China Natural Resources

China Natural Resources, Inc, through its subsidiaries, engages in the exploration and mining of metal properties in the People's Republic of China. It explores for lead, silver, and other nonferrous metals. The company holds interest in the Moruogu Tong mine that covers an area of 7.81 square kilometers located in Bayannaoer City, Inner Mongolia.